2018 was a truly successful year for Ripple: while other cryptocurrencies suffered in the never-ending bearish market fever, XRP managed to survive and even climb to the position of the world’s second cryptocurrency by the market cap. What will happen next? Here’s our Ripple forecast 2019.

Ripple background

Before we plunge into Ripple predictions, let’s refresh our knowledge of Ripple. This cryptocurrency is special: it has a different nature and destination, that’s why XRP has a higher potential than other tokens around.

Ripple was invented in 2012 by Arthur Britto, David Schwartz, and Ryan Fugger who founded the Ripple company. Initially, they used C++ project code and designed a network for real-time gross settlement and currency exchange. In 2013, Ripple Transaction Protocol (RTXP) was introduced: the new payment protocol allowed for instant money transfer between two parties.

Between 2014-2017, Ripple started putting a heavy focus on the banking market: RippleLabs experimented with an App for iPhone that allowed users to send and receive transfers. Since 2013, the Ripple protocol has been implemented by numerous financial institutions to offer an alternative remittance method for people.

German bank Fidor was the first to use the Ripple network to drive cross-border payments in part of 2014. Prominent banks followed its suite: Cross River Bank, CBW Bank, Earthport, HSBC and Bank of America were the next to reap benefits from Ripple.

What makes it superb?

So, what makes Ripple stand out from the crowd of altcoins? First, it uses the consensus protocol instead of the proof-of-work system (used by Bitcoin and many altcoins alike). The protocol validates account balances and transactions in the network, improves the integrity and avoids the risk of double spending. Thanks to this protocol, a transaction is processed within 5 seconds, which is quite speedy.

Although transactions are made in the consensus ledger, there is still anonymity preserved because transactions aren’t linked to any account or ID. Other unbeatable advantages of Ripple include:

Versatility: Ripple is easy to adopt, that’s why banks and financial organizations prefer it for performing their business operations.

Exceptional transaction speed. Within 5 seconds, a transaction is settled, registered and verified. This is a significant improvement – Bitcoin takes 10 seconds to finish an operation, while a traditional wire transfer can take several days or even weeks.

Low transaction fee: 0.00001 XRP is nothing compared to the cost of a cross-border payment.

The list of Ripple’s advantages is endless, but they all boil down to one simple fact: Ripple is the most efficient cryptocurrency for cross-border bank transfers.

Factors defining Ripple price prediction

Although Ripple price prediction 2018 didn’t come true, and the coin hasn’t reached $1 yet, the vast majority of crypto experts are still very optimistic: some are sure the coin can reach the $5 threshold this year. Wonder if it’s possible? There’s a myriad of aspects that dispel doubts. So, what will trigger the growth of Ripple down the road?

Massive adoption by banking institutions

Ripple addresses the major banks’ problems: slow transaction processing speeds, high transaction costs, and lack of safety. Besides, it makes cross-border payments way more efficient than traditional payment providers.

Thanks to these facts, many financial institutions are eager to implement Ripple: the number of current partners has already exceeded 100 institutions. With so many influential supporters around, how can it fail? XRP price prediction is positive mostly due to the hype around corporations.

What about individual traders? Will they get a piece of the pie? The rumor goes that XRP could be added to Coinbase, one of the largest and most popular trading platforms. XRP community is anticipating this even, and such announcement will be very bullish for the coin.

Future partnerships

Since Ripple positions itself as the preferred distributed ledger technology for cross-border financial transactions, it’s being adopted by financial organizations around the world. Unfortunately, XRP price doesn’t rise correspondingly with the number of partners. Why so? Some crypto experts suggest that some companies do not utilize Ripple’s native XRP coin.

However, the future partnerships can make the most optimistic Ripple price 2019 forecasts true:

The Flutterwave company. Flutterwave is an African firm that strives to bridge the gap between Africa and the global economy. If wants to utilize Ripple to create a payment infrastructure for completing this task. This partnership will open the gates to Africa for Ripple that’s used in other parts of the world. The xCurrent technology will enable instant payments in real time and is said to impact XRP price positively.

Moneynetint, a UK e-money company specializes in international payments between corporate clients. It will process a huge amount of XRP, which is also great for XRP predictions. Here’s what Yishay Trif, the CEO of Moneynetint said:
“Once we realized how professional the Ripple team was and supports the process, we decided to choose them. We expect that together we will be able to lead significant development and simplify processes in the area of cross-border money transfers. The processes of interfacing and approval between financial institutions, previously taking months or even years are now significantly reduced to a matter of days to a few weeks.”

Changelly, a virtual currency exchange, will allow users to buy XRP using debit or credit cards. It’s possible thanks to SimplexCC credit card processor. The platform is encouraging people to invest in XRP, and many users will surely follow this advice now when buying crypto is made cheap and easy.

Ripple can boast a long list of current and future partners: dozens of financial institutions will be using the XRP token in 2019, so it’s logical to assume that Ripple 2019 value will soar.

It’s the fastest transaction processing platform

Until recently, Visa was the fastest company in terms of transaction processing speed. However, Ripple has overtaken the top position. After the latest upgrades, its system is able to process up to 50,000 transactions per second (Visa can process up to 24,000 TPS only).

Now Ripple offers the xRapid package: corporations subscribing for it can enjoy faster and safer transactions. Besides, it reduces the cost of currency exchange, which can save companies millions of dollars.

There’s still much potential to realize. The Ripple team is also working on its Xpring solution:

“At Ripple, we will continue to use XRP to make it perfect for entrepreneurs looking to solve problems across identity, trade finance, gaming and virtual goods, provenance, real estate, insurance, digital media, and many other industries. Xpring’s entrepreneurs and companies will leverage XRP for use cases like these, among others.”

Ripple price prediction 2019: Can XRP reach $10?

Judging by the above-mentioned facts, Ripple has no chances to short sell. The cryptocurrency should definitely undergo significant growth in this year. But how high can Ripple XRP go? Here’re a few Ripple 2019 forecasts from different sources:

According to investinghaven.com, Ripple prediction is $20. This conclusion is based on fundamental and chart analysis combined. The forecast will be justified, if institutional money continues flowing to XRP, Ripple’s tech solutions promote using XRP, and the company continues growing its revenue.

Such websites as fxstreet and express.co.uk give moderate Ripple price predictions: they believe that XRP has enough potential to triple its value and reach around $3-$5 by the end of the year. This assumption is based on the fact that Ripple is the best investment opportunity of this year.

Ripple coin news, one of the largest news websites, states that 2019 will be a smooth period for the currency, and new technologies together with new partnerships might help it to reach the price of $8-10 dollars.

UsLifted, a crypto prediction website gives the following Ripple XRP price prediction: its specialists believe that by 2020, XRP can reach $22.79 with a circulating supply of 38,739,145,924 XRP.

According to Coinswitch, XRP will reach about $1,20 in 2019.

The Economic Forecast Agency claims that Ripple would fall further to $0.32 in 2019. This scenario might be real if the product will no longer be used.

Metro, the Uk’s biggest newspaper publication states that Ripple would fall to $0.22-0.28. Why so? They suppose that Bitcoin will continue dominating the market and even reach $20,000.

Thus, the vast majority of companies are sure that Ripple won’t reach the $10 threshold, but $5 is a realistic sum. Even the value of $5 will represent 15x ROI, which is great.

Are there any factors to hinder Ripple’s growth? Surely, the crypto community has a few concerns over the future of XRP.

First, some claim that XRP has no real value because it’s not a security, e.g. it doesn’t represent the real company shares. But is it so bad? If Ripple shuts down, the XRP ledger will continue working the same way as before. Here’s what Brad Garlinghouse, the CEO of Ripple, commented upon it:

“I think it’s very clear XRP is not a security. There is a whole number of reasons for that. If Ripple the company shuts down, XRP trades on over a hundred exchanges around the world and XRP would continue to trade. Ripple is one important participant in the XRP ecosystem but there are a whole bunch of participants.”

Secondly, some crypto enthusiasts blame Ripple for going against the principles of cryptocurrency. While crypto is meant to be decentralized (which means no company can have control over it), Ripple Labs hold 50% of overall XRP supply. That hurts liquidity of the coin and can have a negative impact on its price.

Another sign of centralization is the consensus ledger approach that differs from Bitcoin standards. Ripple uses validated participants to verify operations – only pre-approved participants can verify transactions. This is another form of authority Ripple Labs have.

Thus, Ripple doesn’t play by typical rules – it has a centralized structure. Besides, the company puts a heavy focus on the payment tech rather than its cryptocurrency. However, if financial institutions don’t get discouraged by those facts, there’ll be nothing to stop Ripple from further growth. Just look at the list of supporters: it’s enormous!

Bottom Line

How high can Ripple go? Considering the current Ripple achievements and the major companies it partners with, the predictions are mostly positive! Ripple Labs has already found a lot of supporters, they’re gradually implementing their tech all over the world and are working hard to live up to investors’ promises.

Our prediction is that Ripple can reach $3 in 2019: this assumption is based on the current Ripple developments. But please remember that no one can give you a 100% warranty: the world of cryptocurrency is very unstable and unpredictable, and things can change in a matter of a few days.

Do NOT invest more than you’re ready to lose. If you want to bet on Ripple, use the money you can allow living without.

Our series of cryptocurrencies articles and their predictions for 2019 and beyond is completed with an article about Tron price prediction 2019. We will mention scenarios about coin price forecast. Results of 2018 will also be shown as a starting point of our trx price prediction article.

Results of 2018

At the beginning of January Tron is ranked in the 9th position in top 100 cryptocurrencies in terms of their market capitalization on CoinMarketCap. Tron has a current value of $0.023808, a market capitalization of $1.586.908.038, a volume for the past twenty hours of $121.976.029, circulating supply of 66.631.954.397 TRX and total supply of 99.231.165.008 TRX.

On Jan. 1, 2018, the price of Tron was $0.044682, a peak was formed early in January 2018 at the price of $0.224499 and ever since a decline followed for the remaining of 2018. The current price of $0.023808 represents a decline of 48% compared to the price on Jan. 1, 2018. What experts think and believe about Tron in 2019?

Tron price prediction 2018

Our Tron price prediction for the remaining of 2018 and more specifically for December 2018 in our article called “Tron Price Prediction for December: One-Month Performance of -42.39%, Can This Change?” was that “The current trend is a strong downtrend and if we must make a TRX price prediction for the remaining of 2018 it is in favor of lower prices. What is a potential range for our price prediction? A level of $0.010-$0.08 for the end of 2018.”

The recent rally of Tron for the past twenty-four hours of about 10% and a current price of $0,020729 proved our Tron coin price prediction wrong. Our trx coin price prediction was based on the current downturn which changed direction in the past two weeks. What are now some Tron price predictions for the year 2019?

Tron price prediction 2019

Four Tron coin prediction opinions are presented below as a first approach about what could Tron value be in 2019:

WalletInvestor.com is very pessimistic about the future business prospects of Tron predicting a 1-year forecast value of $0.000330 or a decline of almost 98%. According to this prediction if price is to move to this very low level then the recent rally would be an opportunity to sell the cryptocurrency. Nevertheless, this article is strictly informational and does not provide any trading recommendation.

Smartereum is on the other side with a very different and much wider prediction. They report that analysts are very optimistic about Tron in 2019. Their Tron predictions by the end of 2019 is a price of $12, which is based on fundamental factors, partnerships and advantages, important catalysts for the future price of the cryptocurrency.

CoinSwitch is also very optimistic about the price of Tron in 2019. They have a range of $0.05 - $0.06 for the first two quarters of 2019. By the end of 2019 the price could reach $0.11, which is positive as compared to the last year. In 2019, Tron will have positive effects from two important factors, security and privacy.

TradingBeasts.com has the following trx predictions for 2019. In January an expected price of $0.02 and in December 2019 a minimum price of $0.05, a maximum price of $0.07 and an average price of $0.05.

Tron price forecast 2019

Theoofy.com presents a few alternative scenarios about TRX price prediction in 2019 based on the positive and negative factors such as high trading volume and large circulating supply. There is a wide price range of $0.3-$0.7 for 2019 which is very optimistic as compared to the current price of $0.020662.

An important note is that the assumption of the constant circulating supply. If the supply changes, this will result in the change in market cap and token price. While this is an important note, we would mention the fact that fundamental factors such as business prospects and applications and a wider adoption of the Blockchain technology worldwide would be very important factors to consider. Regulation is also a key driver for the future price of cryptocurrencies.

Tron price prediction 2020

For 2020 TradingBeasts.com forecasts that during January 2020 a minimum price of $0.05, a maximum price of $0.08 and an average price of $0.06 may be expected. By the end of 2020 in December a large price appreciation is expected with minimum, maximum and average prices of $0.21, $0.30 and $0.24 respectively.

CoinSwitch forecasts that in 2020 Tron for the first time could reach the price of $0.4 and that it will be a year high increased volatility compared to 2019. By the end of 2020 a decline of the price is expected from the price level of $0.30 to $0.24 in December 2020. Smartereum has mentioned by 2020, the coin is expected to trade at $52.91.

Tron price prediction 2025

Can we make an accurate forecast five or six years from now about the value of Tron in 2025? Logic says that the further we move into the future the less reliable Tron predictions are. But for informational purposes here are some forecasts and TRX price predictions ranges for 2025. DigitalCoin forecasts that the price of Tron in 2025 will reach a maximum value of $0.10024417 in May. By the end of 2025 in December the price could decline to $0.06084865. Another forecast made by thenexttechs.com is that price could go up to $10-$15. With all these trx price prediction ranges we will conclude with our technical analysis for Tron and a conservative approach with a bullish and a bearish scenario for 2019.

Tron technical analysis for 2019

The optimistic scenario is that the bottom of $0.011 will mark a trend change with a recent uptrend formed and price could move up to the range of $0.035 - $0.051, a range with significant consolidation during 2018. For this to happen the price should close above the declining 200-period exponential moving average with a current figure of $0.0266. It is already a positive factor that price is trading above the 20-period and 50-period daily exponential moving averages. If global regulation issues provide a safer and more reliable environment for the cryptocurrency market in 2019 these price levels may be reached as they are probable and can be considered realistic based on the recent high volatility of the cryptocurrency in 2018.

An important level of resistance is $0.029 which is very close to the current value of the 200-period daily exponential moving average. We do not believe that the high price of $0.10 will be reached in 2019 or in the following years as it would only be feasible due to a higher demand for Tron and speculative momentum. Another crucial reason that could support a price appreciation for Tron in 2019 would be increased interest in ICOs and investments in the Blockchain industry. More capital raised, invested and used for business applications and solutions could send the price of Tron higher than our range of $0.035 - $0.051. Odds are according to our opinion that this most probably will not happen in 2019.

The pessimistic scenario is that price could fall below the recent $0.011 bottom. How low could price go is a tough answer, and a price of $0.0 is certainly a potential price. Without fundamental catalysts a more realistic price in the event price is to decline further would be the range of $0.05 - $0.08.

For now, a consolidation zone of $0.011- $0.028 is evident and at some point, in 2019 a breakout should occur. This wide range could send the price much lower in the event our pessimistic scenario is the one to be materialized. As a conclusion for our technical analysis for Tron in 2019, we estimate that the high volatility experienced in the cryptocurrency market in 2018 should continue in 2019. This high volatility makes the Tron predictions highly unpredictable.

All the opinions mentioned above about Tron price predictions should be taken only as informative. Only time will tell what the real price of Tron will be in 2019. 2018 proved a tough year for cryptocurrency. This does not mean that trends could change in 2019 without some pivotal developments.

Constantinople Delay Makes a Dent in Ethereum’s Price

Since Sunday, Jan. 20, $6 billion has been wiped from the cryptocurrency markets as Bitcoin is trading lower and dragging altcoins with it

Since Sunday, Jan. 20, $6 billion has been wiped from the cryptocurrency markets as Bitcoin is trading lower and dragging altcoins with it. The recent delay to Ethereum’s Constantinople hard fork brought further dismay and dragged the coin’s price lower, which also allowed Ripple’s XRP to widen the volume gap between the two digital assets.

Currently, there’s an almost $1 billion gap between XRP and ETH, with the former sitting at a 2nd place, just below Bitcoin and the latter occupying 3rd place, having dropped into technical support.

Chart Analysis – ETH/USD

At the time of writing Ethereum was down more than 5% in the last 24 hours, trading around 117 against the US Dollar and testing a key technical support level. In recent past, the pair has hit 117 twice and each time, it was rejected higher with force. This successfully established a double bottom price pattern, which is, in essence, a bullish formation, even more so when it occurs at the (potential) bottom of a downtrend.

It is important to note that now price is testing said level for the third time, so it can create a triple bottom, which would be an even stronger indication that a move up will follow. As a side note, the spike below 117 (a red candle with long lower wick) is just a result of market inconsistencies because it is not present on most other exchanges apart from Bitfinex.

If the pair cannot form the triple bottom, hence meaning that we are dealing with a break of the double bottom, the outlook will become strongly bearish because usually, a break of a strong formation gives way to extended moves.

Support zone: 117 – 115, 100

Resistance zone: 200 EMA (4-hour charts) and 134

Most likely scenario: high-risk trading, unclear until a bounce or break is obvious

Bitcoin Price Pressure Increases. Bounce or Break Scenario In Play

Bitcoin appears to disregard this alleged oversold condition and has traded lower over the weekend, testing the key support at $3500.

According to Binance CEO Changpeng Zhao, “Bitcoin has been oversold”. He recently made the aforementioned statement during the Binance Blockchain Week event which is currently being held in Singapore (January 19 – 22).

However, Bitcoin appears to disregard this alleged oversold condition and has traded lower over the weekend, testing the key support at $3500.

Chart Analysis – BTC/USD

Currently trading around 3550, the pair has rebounded slightly after testing support at 3500 and is now showing a form of bullish divergence: the RSI is making a higher low while the price is making a double bottom.

This type of divergence is not as strong as the normal one (price is making a lower low and oscillator is making a higher low), but coupled with the double bottom at 3500, which is a bullish pattern, it can trigger upside movement.

The bullish triangle is broken to the downside, so before we can see any upside action, the price must return above the recently broken trend line. If that happens, we could see a climb into the 3700 area.

Bitcoin SV made news recently when it overtook the tenth spot in terms of cryptocurrency market cap. The token network is now worth about $1.35 billion and is likely to increase is worth in the coming months. Bitcoin SV, Bitcoin Satoshi Version, is a hard-fork of the Bitcoin Cash blockchain that is giving its parent a run for its money. The BSV is meant to embody the vision of Bitcoin’s founder Satoshi Nakamoto and bring the power of currency back “to the people”.

The real purpose of BSV is to tackle four fundamental problems within the Bitcoin universe and that is where its value lies. These include stability, scalability, security, and safety; the caveat is that we’ve heard all this before, and didn’t those issues lead to Bitcoin’s previous hard-forks?

BSV/USD is under pressure, but the outlook is bullish

Like most cryptocurrencies, Bitcoin SV has been under pressure in the last few months. A lack of coherent regulation and uncertainty for blockchain’s future are largely to blame. The good news is that the token has been stabilizing near the $75 range where it appears to be well support.

In the near-term, the pair is facing good support at the bullish trend line seen on the chart below. This support is consistent with the horizontal level at 75 but may be broken in the next few days or weeks. The reason is BSV hasn’t shown any type of bullish pressure so it’s very likely to see a break of said support, en route to 70 and possibly the low at 65.

Such a move would be a buying opportunity. The token is a match for Bitcoin and Bitcoin Cash, both trading well above the $75 or so we are seeing for BSV. A move up is likely to see BSV touch and surpass the $175 level (where Bitcoin Cash is trading) on its way to retest the all-time highs near $225.

Bitcoin SV (BSV) wallet could double up as authenticating device

In a recent Medium post, Craig Wright, Bitcoin SV’s biggest protagonist and chief scientist at nChain, outlined a new way of using BSV’s wallet: as an authenticating method for smart cards. The application focuses on “the use of electronic cards (“smart cards”) to facilitate secure, feasible, yet user-friendly system authentication through a Bitcoin (SV) wallet.”

According to Wright, the application will comply with AML/KYC rules and could be used to verify identity documents (passports, etc.) and to increase the security of payments and/or file encryption. When or if the application becomes usable, remains to be seen but if they manage to deliver a working version sooner rather than later, Bitcoin SV’s price will most likely be affected.

There is some risk to this token as it still new but we’re talking about cryptocurrency here, risk is the name of the game until the regulation is consistent around the world. When that comes you can expect to see this and most other major cryptocurrencies spike sharply higher.

Ripple News. XRP and Euro Exim Bank – A Match Made in Crypto Heaven?

Euro Exim Bank has recently joined the long list of Ripple partners and seems very happy about it

Euro Exim Bank has recently joined the long list of Ripple partners and seems very happy about it, hyping up their partnership and saying they are implementing both xCurrent (for payment processing) and xRapid (Ripple’s liquidity solution, using XRP).

Kaushik Punjani, the Director of the aforementioned bank had this to say: “Working collaboratively with Ripple and selected counterparts, we have designed, tested and are implementing both xCurrent and xRapid in record time, and we look forward to the benefits these will bring our customers.”

A few financial institutions are already using xRapid, but Euro Exim Bank is the first one with a banking license to get involved, so we will likely see a bit more movement on XRP charts soon.

Chart Analysis – XRP/USD

Ripple’s XRP is currently trading at 0.33 against the US dollar, down 9.50% for the last 7 days and up a mere 0.31% for the last 24 hours. It still holds the number 2 spot in rankings by market cap, albeit Ethereum is very close behind – both with a market cap of $13 billion at the time of writing.

The pair is trapped between 0.32 support and 0.35 resistance, having bounced perfectly at both levels. Although there’s no clear winner, the bulls seem to have the upper hand in the short term (bullish RSI, coming out of oversold, last strong move is up), so we may expect a break or at least another touch of 0.35. If a successful break occurs, the next target will become the 200 EMA on the 4-hour chart.